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RNS Number : 8058A Johnson Matthey PLC 07 February 2022
7(th) February 2022
Johnson Matthey Plc
(the Company)
Johnson Matthey Clean Air roundtable
Today, Johnson Matthey will hold a Clean Air roundtable event for investors
and analysts hosted by Alastair Judge, Clean Air Chief Financial Officer and
Interim Chief Executive, Peter Hill, Clean Air Chief Commercial Officer and
Transformation Director, and Millissa Flanagan, Clean Air Chief Operations
Officer.
The session aims to provide greater insight into Clean Air and its outlook for
cash generation over the medium and long-term. We reiterate our cashflow
target of at least £4 billion by 2030/31¹ under a range of scenarios for
changes in automotive markets. We also outline our confidence in the
significant profitability and cash generation of the business beyond this
period. These expectations are underpinned by:
· Our leadership positions in the markets in which we operate
· Tightening emissions legislation globally
· Delivering on robust commercial and operational plans
· Driving cost and efficiency across our operations
· A strong team, with a breadth of automotive and transformation
experience
The presentation materials are available on our website via the following
link:
https://matthey.com/en/investors/presentations
(https://matthey.com/en/investors/presentations)
Note
1. Driving at least £4 billion of cash under our range of scenarios from
1(st) April 2021 to 31(st) March 2031, as disclosed at our 2020/2021 full year
results on 27(th) May 2021.
ENDS
Enquiries:
Investor Relations
Martin Dunwoodie Director of Investor Relations +44 20 7269 8241
Louise Curran Senior Investor Relations Manager +44 20 7269 8235
Carla Fabiano Senior Investor Relations Manager +44 20 7269 8004
Media
Barney Wyld Group Corporate Affairs Director +44 20 7269 8001
Harry Cameron Tulchan Communications +44 7799 152148
Johnson Matthey Plc is listed on the London Stock Exchange (JMAT)
Registered in England & Wales number: 00033774
Legal Entity Identifier number: 2138001AVBSD1HSC6Z10
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